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I’m with Pete Boettke:
The post Keynesians in my mind often pay lip service to the epistemic issues that Hayek raised, but not really. And they are often completely innocent of the public choice incentive issues in public policy, though they often rail against the political proce ... Continue reading »
The post Keynesians in my mind often pay lip service to the epistemic issues that Hayek raised, but not really. And they are often completely innocent of the public choice incentive issues in public policy, though they often rail against the political proce ... Continue reading »
8 months ago
8 months ago
8 months ago
http://dryhyphenolympics.blogspot.com/2008/05/p...
8 months ago
Your pessimism re: regulation seems to rely on general premises re infuence on gov. etc.
But there are places w. effective regulation. e.g. Canada maintained robust capital reserve requirements and their banks haven't melted down in anything like US fashion.
I'd like to know whether your claim is perfectly general. And if so, how do you account for e.g. Canada?
From my POV you seem to be participating in the general 'government is never the solution' culture that kept us from having the type of sensible oversight that was in place right above the border.
p.s. sorry bout your run-in w. Leiter. I study a phil. + think it's nice to have folk trying to bring philosophy to a wider audience...
8 months ago
MORE REGULATION
A Tragedy in One Act
Featuring:
Dr. Weird as "The Government"
Steve as "The Financial Markets"
and Corn as "Regulation"
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Please replace "hungry" with "hosed".
The Acclaimed Prequel
8 months ago